Trend analysis is significant for

Related MCQs

• Which is not the limitation of financial analysis? I)Effect of personal Bias II)Identify Trend III)Judge Efficiency IV)Different accounting policies
• Kumar Ltd. reported net sales Rs 9,00,000, Rs 9,90,000 and Rs 10,80,000 in the year 2013, 2014 and 2015. If 2013 is the base year what is the trend % for 2015?
• In trend percentage the base year is ----------------------------
• Study of the trend of the same items of two or more balance sheets
• Comparison of financial statements highlights the trend of the _________ of the business.
• For calculating trend percentages any year is selected as:
• Which of the following activities is NOT significant to the advancement of information technology?
• ……………………..accounting is the adoption and analysis of accounting information and its diagnosis and explanation in such a way so as to assist the decision -makers.
• The ratio analysis is helpful to management in taking several decisions, but as a mechanical substitute for judgement and thinking, it is worse than useless.
• Which of the following are techniques, tools or methods of analysis and interpretation of financial statements?